Europe’s first-half vehicle sales grew by a stronger-than-expected 9.1%, a gain that was double even the most optimistic full-year forecast made by analysts at the end of 2015.
Nearly every…
Economy
Economy
Iran’s Ministry of Industries, Mining and Trade has predicted that the annual demand for passenger cars and pickup trucks in Iran will reach 2.3 million units by March 2025. This has been…
Economy
The car rental market in the Middle East, especially in Oman, Qatar, Bahrain and Kuwait, will continue to grow at a considerable rate in the coming years.
The market for car rental has been…
Economy
Skoda CEO Bernhard Maier said Iran, along with Singapore and South Korea, are target markets for his Czech built vehicles.
Skoda has recently been expanding its range of vehicles in several…
Economy
Mohsen Jalalpour will remain the president of Iran Chamber of Commerce, Industries, Mines and Agriculture after the board of directors rejected his resignation on Sunday. After serving for…
Economy
In a meeting between the Iranian ambassador to Bucharest and the deputy governor of the central bank of Romania, the two sides discussed forming a joint economic committee to expand banking and…
Economy
The deputy minister of roads and urban development said Sunday local city administrations are too dependent on taxes as municipalities generate a significant portion of their annual earnings from…
Economy
Britain’s vote to leave the European Union and the rise of US presidential nominee Donald Trump have paralyzed efforts by western governments to encourage already highly reluctant international…
Economy
President Hassan Rouhani Sunday appointed Ahmad Doust Husseini to head the National Development Fund of Iran, the government’s official website reported. Doust Husseini is a former deputy minister…
Economy
The Central Bank of Iran on Sunday officially allowed banks to start trading in the open hard currency market in line with its declared aim to unify the forex rates. Given the history of similar…
Economy
Watermelon is not a water-intensive crop, contrary to common belief, and its domestic production will continue, says Hassan Khadangi, with the Ministry of Agriculture. His comments come as some…
Economy
Iran exported some 28,000 tons of non-oil goods worth $167 million to Italy during the first three months of the current Iranian year (started March 20), which indicates a 36% rise compared with…
Economy
Iranian transit companies will be the main beneficiaries of recent amendments made to Azerbaijan’s Tax Code by President Ilham Aliyev, says Iran’s Ambassador to Azerbaijan Mohsen Pakayeen.…
Economy
Rural Iran accounted for 26.6% or 1.958 quadrillion rials (around $55.94 billion at market exchange rates) of the gross domestic product in the Iranian year ending March 2013, the Statistical…
Economy
The Central Securities Depository of Iran—the body in charge of handling securities—is processing 792 billion rials ($22.5 million at market exchange rates) as interest for 15 Islamic bonds or…
Economy
Zarhsouran Gold Mine produced 137 kilograms of gold ingots during the first four months of the current Iranian year (started March 20), which indicates a fourfold increase compared to the similar…
Economy
The implementation of Iran’s nuclear deal with the P5+1 group of countries, which is known as the Joint Comprehensive Plan of Action, and removal of sanctions imposed on Iran will affect Iran’s…
Economy
Tehran Stock Exchange’s main index gained 354 points or 0.46% to end Sunday trade at 76,579.7.
More than 1 billion shares valued at $76.1 million changed hands for the day.
Pelasco…
Economy
A new project has been planned to create a national web archive in Iran to store content from Persian websites and make it available to the public.
This is a sub-project of a larger plan…
Economy
A new app and gizmo has been released this week, which upgrades the humble paper airplane. The PowerUp 3.0: Smartphone Controlled Paper Airplane is a jetpack to attach to your everyday paper…
Economy
Legal measures are being implemented against the unauthorized utilization of jammers within Iran, as the use of the devices has increased in recent years.
Hossein Fallah Joshaqani, deputy…
Economy
A team of researchers at Yahoo Labs have plumbed the depths of their company’s massive comment sections to come up with something that might actually be useful for detecting and eventually curbing…
Economy
The World Bank says Iran has so far gained access to as much as $30 billion of its frozen assets in the wake of the landmark nuclear deal that it signed with the six world powers last year.
Economy
The 2016 edition of Basel AML Index was published this week by the Basel Institute on Governance, covering 149 countries; it’s the fifth edition of the rankings. The index is an annual…
Economy
The first phase of construction has begun on the Gohar Lorestan food factory, affiliated to the Bank Meli Iran. In the opening ceremony of the factory attended by Interior Minister Abdolreza…
Economy
